Karachi: Pakistan International Container Terminal Limited (PICT) has announced the appointment of Mr. Muhammad Abid Khan as the new Chief Financial Officer, effective October 5, 2026. This decision was made by the Board of Directors through a Resolution by Circulation, adhering to the stipulated provisions of the Securities Act, 2015, and the regulatory framework of the Pakistan Stock Exchange Limited.

The appointment comes as the company aims to bolster its financial leadership amidst various market dynamics. Mr. Khan brings with him a wealth of experience and is expected to play a pivotal role in steering the company's financial strategy in line with industry standards.

According to information available from the Pakistan Stock Exchange (PSX), the market has been experiencing fluctuations, attributed to a range of factors impacting trading activities. The designation of Mr. Khan as CFO is seen as a strategic move to ensure robust financial oversight and management within the company.

Pakistan International Container Terminal Limited operates within the designated market category, focusing on providing container terminal services. The Board's decision reflects a commitment to maintaining transparency and compliance with prevailing regulations, a crucial aspect in today's financial environment.